$550,000
$10K PRICE DROP

2830 E Brown Rd Unit 10 Mesa, AZ 85213

Citrus Neighborhood

Estimated payment $3,247/month

Total Views 1,077
-- Bed
-- Bath
3,185 Sq Ft
$173 Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Hale Elementary School Rated A-

About This Home

INVESTOR / 1031 - Sale with Lease Back. $33,600 NOI 6% cap rate - This updated medical office property includes suite #9 & #10. Currently 2 leases in place. Renovated interior, new water heater, and HVAC systems updated
in 2021. No cap ex required!

Listing Agent

Steven Skarphol

HomeSmart License #BR019829000

HomeSmart

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,195

Year Built

  • Built in 1980

Lot Details

  • 1,669 Sq Ft Lot
  • Property is zoned OC

Home Design

  • Wood Frame Construction
  • Built-Up Roof

Interior Spaces

  • 3,185 Sq Ft Home
  • Ceramic Tile Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 141-12-086

Community Details

Overview

  • Brown Road Professional Plaza Amd Subdivision

Building Details

  • Operating Expense $8,400
  • Gross Income $42,000
  • Net Operating Income $33,600

Property Details

Property Type

Other

Est. Annual Taxes

$2,195

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: E Brown Rd & N Lindsay Rd
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: OC
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2024
  • Directions: Property at the NEC of Brown & Lindsay.
  • Lot Size Acres: 0.04
  • Subdivision Name: BROWN ROAD PROFESSIONAL PLAZA AMD
  • Structure Type: Office
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3185.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Frame - Wood
  • Roof: Built-Up, Rolled/Hot Mop
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 1669.0
  • Parcel #: 141-12-086
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 2629.0
  • Annual Gross Income: 42000.0
  • Property Net Operating Income: 33600.0
  • Annual Operating Expense: 8400.0
  • Leasable Area: 1598.0

Tax Info

  • Tax Annual Amount: 2195.0
  • Tax Book Number: 141.00
  • Tax Lot: 5
  • Tax Map Number: 12.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,195 $21,684 -- --
2024 $2,280 $21,297 -- --
2023 $2,280 $31,127 $6,222 $24,905
2022 $2,298 $28,035 $5,600 $22,435
2021 $2,393 $29,268 $5,850 $23,418
2020 $2,362 $25,866 $5,166 $20,700
2019 $2,207 $24,120 $4,824 $19,296
2018 $2,118 $19,926 $3,978 $15,948
2017 $2,055 $19,098 $3,816 $15,282
2016 $2,017 $18,666 $3,726 $14,940
2015 $1,948 $15,392 $3,071 $12,321
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Price Changed $550,000 -1.8% $173 / Sq Ft
02/21/2025 02/21/25 For Sale $560,000 -- $176 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $159,888 Commonwealth Title
Warranty Deed $300,000 Lawyers Title Of Arizona Inc
Joint Tenancy Deed $147,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,300 Small Business Administration
Previous Owner $277,200 Commercial
Previous Owner $77,000 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6824202

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-12-086